Indian Institute of Foreign Trade

Indian Institute of Foreign Trade

भारतीय विदेश व्यापार संस्थान
IIFT Logo
Type	Public business school
Established	1963
Director	Ajay Kumar Bhalla
Academic staff	49
Administrative staff	31
Location	New Delhi and Kolkata (extended campus), Delhi and West Bengal, India 28°53′42″N 77°18′31″E / 28.89500°N 77.30861°E / 28.89500; 77.30861Coordinates: 28°53′42″N 77°18′31″E / 28.89500°N 77.30861°E / 28.89500; 77.30861
Campus	Urban, 6 acres (24,000 m2)
Satellite campus	Dar es Salaam, Tanzania
Nickname	IIFT
Affiliations	UGC
Website	edu.iift.ac.in

The Indian Institute of Foreign Trade (IIFT) is an autonomous public business school established in 1963 by the Government of India (Ministry of Commerce and Industry) to help professionalize the country's foreign trade management and increase exports by developing human resources; generating, analysing and disseminating data; and conducting research. It is consistently ranked as one of the leading business schools in India and the Asia-Pacific region. Its flagship program is the Master of Business Administration in International Business (MBA-IB).

It is the only institute among the top-10 business schools in India that offers International Business program. The institute visualises its future role as a catalyst for new ideas, concepts, and skills for the internationalisation of the Indian economy, the primary provider of training and research-based consultancy in the areas of International Business both for the corporate sector and Government and the student’s community. IIFT started out as a center to provide foreign trade advice to governments and has since played an instrumental role in conducting research in trade policy formation.

IIFT has conferred the status of Deemed University in 2002 and since then has been conducting an autonomous entrance examination across various centers in India. IIFT 2015 was held on 22 November 2015, and an estimated 47,000 candidates took the entrance exam for Full-Time MBA (IB) course with 270 seats. 1508 candidates were shortlisted for final admission round of Essay Writing, Group discussion, and Interview, making it one of the toughest B-school admission processes in India.

IIFT's portfolio of long-term programmes is as follows:

IIFT has, over the years, undertaken research studies with organisations like World Trade Organisation, World Bank, the United Nations Conference on Trade and Development (UNCTAD) and the Ministry of Commerce & Industry. IIFT has also trained more than 40,000 business professionals across 30 countries via its management development programmes.